Retail

The New Jersey retail landscape has changed, but the spending power of its residents hasn’t. Owners of malls, shopping centers and mixed-use projects will continue to adapt and invest in the state.

Retail
National food lab takes 9,000 sq. ft. in Bound Brook, BCREG says

A national food testing company is expanding in the region with a nearly 9,000-square-foot lease in Bound Brook, according to The Boniakowski Commercial Real Estate Group.

Professional Services
JLL adds prominent brokerage duo to New York City retail team

JLL has made another two high-profile additions to its brokerage team in the region, this time in the retail sector.

Government & Public Policy
Hudson Bay eyes sweeping redevelopment plan for Lord & Taylor site, downtown Westfield

Hudson’s Bay Co. has unveiled a plan to transform the site of a vacant Lord & Taylor building in downtown Westfield and several adjacent blocks, with a proposal that includes nearly 340,000 square feet of office and retail space and more than 200 residential units.

Residential & Mixed Use
Investors wanted for iconic Hahne & Co. mixed-use property in Newark, W&D says

The team behind the restoration of the historic Hahne & Co. building in Newark is seeking investors for the property, in a newly announced offering by Walker & Dunlop.

Retail
New big-box stores bring Totowa retail center to 97 percent leased, Katz & Associates says

A shopping center along Route 46 in Totowa is nearly full after four recent leases totaling nearly 140,000 square feet, brokers with Katz & Associates announced.

Professional Services
Tokarski Millemann Architects details addition, renovation at Lakewood Mazda dealership

Tokarski Millemann Architects has completed construction documents for a soon-to-be-updated Mazda dealership in Lakewood, the Wall-based firm announced.

Top News
Dessert maker takes 20,000 sq. ft. at new Denholtz food, beverage facility on Fort Monmouth

Denholtz Properties has lured another user to its new food and beverage hub on Fort Monmouth, where a fast-growing dessert business will now build out a new production facility.

Retail
Men’s barbershop leases 1,300 sq. ft. to join Larken retail center in Raritan Borough

Larken Associates has inked a new 1,300-square-foot lease that has brought a men’s barbershop to a retail center in the Somerset County borough of Raritan.

Retail
Net-leased grocery store asset in Monmouth fetches $3 million, Marcus & Millichap says

A private investor has purchased the site of a nearly 8,000-square-foot specialty grocery store in Monmouth County, in a newly announced deal by Marcus & Millichap.

Retail
Asian hot pot, barbeque chain takes 10,000 sq. ft. in Neptune, Azarian says

A restaurant that blends Asian hot pots with Korean barbeque has leased 10,000 square feet at a Monmouth County shopping center, in a newly announced deal by Azarian Realty Co.